1st Paradip refinery unit to be ready by Dec: IndianOil chief
16 Aug 2013 10:32 PM GMT
Country's largest oil marketer Indian Oil Corporation has said the first unit of its Rs 30,000-crore Paradip refinery will be ready by the end of the year.
'We are confident of completing the work on the first unit of the Paradip refinery by the end of December and the remaining four units in the next four months one unit each month,' said IOC Chairman RS Butola, adding the actual commissioning is likely to be in late March or early April. This is the 10th refinery project by the nation's largest oil refining company and is coming up on a 3,000-acre plot at Jagatsinghpur in coastal Odisha at a cost of Rs 30,000 crore.
'We are confident of completing the work on the first unit of the Paradip refinery by the end of December and the remaining four units in the next four months one unit each month,' said IOC Chairman RS Butola, adding the actual commissioning is likely to be in late March or early April. This is the 10th refinery project by the nation's largest oil refining company and is coming up on a 3,000-acre plot at Jagatsinghpur in coastal Odisha at a cost of Rs 30,000 crore.
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